It includes much of the so-called underground economy but not income from illegal activities like drug dealing.
The prospect of a return to the so-called planned economy is equally disastrous.
Until recently, the so-called new economy was considered largely immune to higher interest rates.
A third cause for alarm is the so-called emerging economies.
Another estimated 500,000 are illegal, many of them working off the books in Italy's so-called 'black' economy.
In the new world, the so-called emerging economies is where most of the growth now resides.
People who work in the so-called underground economy are especially vulnerable.
At the heart of the optimism is the view that the so-called new economy is alive and well.
We need to give them the skills and training that they require to work in the so-called digital economy.
Yes, we are even experiencing a renaissance of the so-called 'old economy'.
